Is NELCO in uptrend or downtrend?

In the short term price movements in NELCO share indicates the market has a decisive bullish trend.

What is NELCO share price forecast for tomorrow?

In Nelco Limited stock current resistance level is at 624 and support level is at 512. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are NELCO support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Nelco Limited in the short-term, the supply zone around 624 and 620. Hence, good chances of resistance around 620. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Nelco Limited share is around 512 and 510. Hence, good chances for support around 510.

Why is NELCO share price falling today?

Perhaps NELCO stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

NELCO Share Price | Forecast Analysis

Analyzing Market Data